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$ 999,000
Est. payment /mo
Active
175 Madre ST Pasadena, CA 91107
5,039 Sqft Lot
UPDATED:
12/22/2024 01:15 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24240225
HOA Y/N No
Year Built 1936
Lot Size 5,039 Sqft
Property Description
Don't miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadena's most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities.
Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment.
With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether you're looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice.
Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this don't last—schedule a showing today!
Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment.
With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether you're looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice.
Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this don't last—schedule a showing today!
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Zoning LCR105
Interior
Interior Features Walk-In Closet(s)
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Outside
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5754011020
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by LINLIN CHE • MASTERS REALTY • 213-284-0391